Tyler Emory

Tyler Emory

Cooley LLP

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CFPB Finalizes Section 1033 Rule on Personal Financial Data Rights

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) released its long-awaited final rule implementing Section 1033 of the Consumer Financial Protection Act (CFPA) concerning personal financial data rights....more

11/1/2024  /  Banking Sector , Banks , Consumer Financial Products , Consumer Financial Protection Act (CFPA) , Consumer Financial Protection Bureau (CFPB) , Data Privacy , Financial Services Industry , Gramm-Leach-Blilely Act , Regulation E , Regulation Z

CFPB Issues Proposal to Eliminate Fees on Instantaneously Declined Transactions

On January 24, 2024, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking that would prohibit financial institutions from charging fees on transactions that are declined instantaneously or...more

1/31/2024  /  Banking Sector , Banks , Consumer Financial Protection Bureau (CFPB) , Financial Institutions , Financial Services Industry , Insufficient Funds , Overdraft Fees
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